Letter Re: With Bank Runs Looming, Check Your Bank’s Safety Rating!

Jim, Here is a link to “The Street”–a web site that offers ratings of banks throughout the USA. I checked out the banks in my state (California) and found that I currently bank with a “B” rated bank. However, there are a number of A rated banks that are in my town. It might make sense for each of us to know and check up on our financial institutions on a regular basis. This along with choosing the highest rated bank in your area could provide additional layers of insulation from the bank runs that I believe with be inevitable. …


Letter Re: Alternative News Sources When The Grid Goes Down

Sir, I have been hooked to your blog for weeks now and have a topic suggestion for you. The only news I can trust comes from independent blogs with communities of users working together to bring critical information to light. Web sites like The Housing Bubble Blog have saved me tens of thousands of dollars by being months ahead of the mainstream media (MSM) and by reporting honestly. With the internet we have the means to organize grassroots efforts to support candidates like Ron Paul. We can be kept up to date with the latest injustices and know when our …


Letter Re: A Reminder on the Terrorist Toxins Threat

Jim, I bring this news story to your attention: Ricin Found in Las Vegas Hotel Room; Man in Hospital The Center for Disease Control (CDC) protocols don’t give one much hope if ricin is inhaled or ingested. Unclothing and washing procedures for external contact are not reassuring. Other sources indicate that skin contact is usually not fatal unless accompanied by other agents that enhance absorption. [JWR Adds: DMSO is a well-known transdermal carrier.] Other sources also indicate that ricin is 30 times more potent than VX nerve gas. Full MOPP suit and gas mask seem to be indicated to avoid …


Odds ‘n Sods:

Mainstream market commentator Robert Kioysaki recommends buying silver coins in this piece: The Profit of Doom A SurvivalBlog reader mentioned that Kiyosaki was one of the few mainstream market mavens to recognize silver as a bargain fairly early on. Meanwhile, a lot of his colleagues with stock and bond tunnel vision are still in denial.    o o o Lex found this from The Wall Street Journal: Will Thornburg Join Failed Lenders?    o o o Thanks to Sapa for flagging this: Zimbabwe bans ‘unlawful hoarding’. The illegal “hoarding” threshold is absurd–the equivalent of just $21 USD!    o o …


Jim’s Quote of the Day:

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation . There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare …


Note from JWR:

If there is an article in SurvivalBlog that would interest any of your friends or relatives, just click on "Permalink" beneath the blog entry. You can copy and paste that URL into an e-mail. Thanks for spreading the word about SurvivalBlog!


The Fleecing of the Sheeple–America Discovers “What That Thing Will Bring”

There is a very old legal maxim: “The value of a thing, is what that thing will bring.” It was developed by the courts to establish the value of a loss, in civil claims. The maxim has been perhaps over-used in central Europe, where if you recklessly drive your car and run down a farmer’s laying hen, you can be held liable for for not only the replacement cost of the chicken, but also the value of its future offspring for the next year–or perhaps even two years if the judge is in a bad mood. That ancient maxim is …


Letter Re: Calculating The Bullion Value of US Silver Coins

Mr. Rawles: My parents and grandparents gave about $60 face value in junk silver coins, including a few Morgan and “Peace:” dollars. The quarters and dimes are all 1964 and earlier, but some are the 50 cent pieces were made in the late 1960s. (Those are 40% [silver content], right?) With silver now rocketing up past $20 an ounce, how do I determine the current market value of these coins? Thanks, – G.E.T. JWR Replies: To calculate the silver metal value of 90% silver pre-1965 mint date US dimes, quarters, and half dollars: A $1,000 face value bag contains approximately …


Letter Re: Self-Sufficiency–How Do We Do It All?

Dear Memsahib and Jim, I am a daily SurvivalBlog reader and contributor, along with my husband. I am very interested in learning more how Memsahib and other retreat women manage to do all that they do. How does a day or week in your life go? How do you can, bake, cook, shear, spin, weave, knit, sew, teach, et cetera and get it all done? We are moving to our retreat soon. I have baked, cooked, knit, learned to spin and weave, and have canned in the past, but not all at once. I forgot to mention clean, wash, take …


Odds ‘n Sods:

My old friend Jeff moved to England to get his final sheep skin–a doctorate degree. He tells me that the price of gasoline (“petrol”) now averages £1.09 GBP per liter in the Thames Valley, and that he has seen it advertised for as much as £1.50 GBP/liter out on the highways. At current exchange rates, £1.50 GBP equals $2.97 USD. Now, multiplying liters to US gallons (x 3.785) that equates to a heart-stopping $11.24 USD per gallon. Ouch! (For comparison, I most recently paid $2.98 per gallon, locally, but I’ve seen it as high as $3.05) OBTW, Jeff mentioned that …


Jim’s Quote of the Day:

“There is not any one news item that I can point to. We know that there is paper out there that we can’t trust. We don’t know exactly who owns it and how much. And we don’t know how they are valuing it.” – Douglas Peta, Chief Investment Strategist at J. W. Seligman & Company in New York, as quoted in the New York Times, March 1, 2008


Notes from JWR:

If you value what you read in SurvivalBlog, then please become a 10 Cent Challenge subscriber. I am confident that SurvivalBlog has kept you from making some costly mistakes in your preparations. I am also confident that SurvivalBlog has pointed you toward some investments that have been profitable for you. (When I started the blog in September of 2005, silver was $6.90 per ounce, gold was $445 per ounce, wheat was $3.30 per bushel, and military surplus .308 ball ammo was just $220 per thousand cartridges!) Less than 2% of readers subscribe, so you can count yourself amongst those few …


Unconventional Bug-Out Transportation Methods, by A. Taylor

I read with interest the inquiry about, what I term a “Bug out Boat”. I made this recommendation several years ago, in numerous survival forums. Most readers seemed unable to process the potential for this kind of plan or it seemed to be impractical to them compared to hunkering down or egress by vehicle. I would advocate that the more eclectic methods of egress from chaos may hold greater potential for success than some mainstream ones. Traditional modes of travel in the modern age are easily controlled by the powers that be, accidents, infrastructure break down, computer problems, electricity (can …


Four Letters Re: Sizing a Retreat AC Power Generator

Mr. Rawles: I saw that you recently posted my question to the blog, so I thought I’d update you. I ran the tests again and got what I believe to be a more accurate assessments. My second test showed the refrigerator consuming right at 2.7 KWH (2,700 watts) over a 24 hour period for an average of 112.5 watts-per-hour. Now mind you, that includes all the hours we were asleep and so no one was opening the door, using up ice, etc.. During hours of heavy usage it was using about 150 watts-per-hour. Test #2 for the chest freezer yielded …


Odds ‘n Sods:

Cleveland:ghost town created by America’s loan scandal. Here is a snippet from the article with some downright post-apocalyptic imagery: “…street after empty street of boarded-up houses, their roofs caving in, collapsed balconies hanging from the fronts of buildings. Some people seem to have just upped and left, leaving their belongings behind for the rats and vandals. Owners have put up signs offering their burnt-out homes for a $500 (£250) down payment. Bins and rubbish litter the street. Signs warn trespassers the structures are unsafe. People have spray-painted “No copper” or “No metal” on their doors to deter crooks who have …